Tag: Generational Wealth
Keep Rent in the Family: It’s The Best Way to Build Generational Wealth
Sometimes, we must step back and determine how we arrived at the unrealistic expectations we placed upon our kids and ourselves. Is it fair to expect someone to build an empire within 60 or 70 years? However, when we kick kids out at age 18, we expect them to do that exactly. From age 18,…
Building Generational Wealth: Via Real Estate
Everyone knows real estate is a powerful way to build generational wealth. Not everyone knows exactly how to do it. Real estate investing can be more difficult yet simpler than you can imagine. One thing is clear: the more responsibility we take on as parents, the further ahead our kids will start. Let me explain.…
Building Generational Wealth: Via Dividends
Should our kids have to start from scratch? People say how wonderful it is to become a self-made individual, but is that what we want from our kids? My parents didn’t give me a head start financially, so I spent years treading water. I could have spent these years building upon what they created—if they…
